- Archer completes the second of three key flight test phases, demonstrating takeoff and landing robustness of its Maker aircraft.
- Data from the “critical azimuth” tests validates the crosswind capabilities of the aircraft configuration and flight control system.
- After flying up to 15 knots in all directions, the flight test campaign is now shifting quickly to expanding forward flight speed towards full transition
Needham Maintains Buy on Nutanix, Raises Price Target to $25
Needham analyst Mike Cikos maintains Nutanix (NASDAQ:NTNX) with a Buy and raises the price target from $20 to $25.